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*CITIBANK: 2% of the transaction amount will be charged as one-time processing fee.
The processing fee will be effective from 16thJune 2019.
One-time processing fee of AED 49 per transaction applicable on 0% Installment Plan.
*First Abu Dhabi Bank (FAB):
One-time processing fee applicable 3months - 1% | 6months - 2% | 12months - 4% of the total transaction amount.
*ADCB: One-time processing fee of AED 50 per transaction, for 3 or 6 months applicable on 0% Installment Plan
RAKBANK will charge a one-time processing fees to the customer (RAKBANK Credit Cardholder) at the time of booking however the equated monthly instalment (EMI) will remain 0% interest throughout the desire tenure:
Processing Fees: 3 months: AED 49 | 6 months: AED 49 | 9 months: 1.5% of the total transaction amount | 12 months: 2.0% of the total transaction amount
Please note that 0% EPP program is valid to all RAKBANK Credit Cardholders except on RAKislamic Credit Cardholders, this limitation is based on “Sharia Law”. Distinguishing factor on the Credit Card is the word “RAKislamic or AMAL” along with the Arabic logo embossed in the Card.